Announced Mon, 8 Dec · 09:04 IST

A Press Release being issued by the Company on the investment, executed through rated, listed non-convertible debentures under its flagship Real Estate Special Opportunities Fund 1 (RESO ....

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Nisus Finance announced a successful exit from Project High Cliff, a late-stage residential development in Bellandur, Bengaluru, via its flagship Real Estate Special Opportunities Fund-1 (RESO-1). The investment, made through rated, listed non-convertible debentures, generated a 23% internal rate of return (IRR) within two years. Project High Cliff spans 1.4 acres with ~2.4 lakh sq ft of saleable area across 196 units (1, 2, and 3 BHK), developed by Hiren Wahen Group. The company highlights a USD 15 billion funding gap in India's real estate special situations segment, positioning private credit platforms like Nisus to fill it. As of H1 FY26, Nisus Finance is managing assets worth INR 1,906 crore.

Likely market impact

Positive signal for shareholders — demonstrates the fund's ability to deliver strong risk-adjusted returns (23% IRR in 2 years) and validates Nisus's private credit strategy in India's real estate sector, potentially supporting investor confidence and future fundraising.